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How much will Canva's revenue increase in fiscal year 2025 due to the Leonardo AI acquisition?
3
Resolution / Starting Odds
Increase by more than 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
No significant increase • 25%
Canva's financial reports, press releases, or financial news outlets
Story
Canva to Acquire Leonardo AI to Enhance Visual AI for 190 Million Users
Jul 30, 2024, 03:31 AM
Canva has announced its plans to acquire Leonardo AI, a leader in generative AI, to enhance its visual AI capabilities. Since its inception in 2013, Canva's mission has been to empower everyone to design, and this acquisition aims to supercharge the speed and scale of Canva's AI development. The integration of Leonardo AI's team and technology is expected to significantly boost Canva's product offerings, benefiting its 190 million users by improving content creation.
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Advanced AI-based design tools • 25%
Enhanced collaboration features • 25%
Improved mobile app capabilities • 25%
Other • 25%
Less than $200 million • 25%
$200 million to $400 million • 25%
$400 million to $600 million • 25%
More than $600 million • 25%
Yes • 50%
No • 50%
High (>50% of users) • 25%
Moderate (20-50% of users) • 25%
Low (5-20% of users) • 25%
Very Low (<5% of users) • 25%
Advanced AI Art Generator • 25%
AI-Powered Design Suggestions • 25%
AI-Enhanced Photo Editing • 25%
Other • 25%
Less than 30% • 25%
30% to 40% • 25%
40% to 50% • 25%
More than 50% • 25%
Very Satisfied • 25%
Satisfied • 25%
Neutral • 25%
Dissatisfied • 25%
Education • 25%
Marketing • 25%
Entertainment • 25%
Other • 25%
Adobe • 25%
Figma • 25%
Sketch • 25%
Other • 25%